William Morris Sheriff Purchases 100,000 Shares of enCore Energy (CVE:EU) Stock

enCore Energy Corp. (CVE:EU) Director William Morris Sheriff bought 100,000 shares of enCore Energy stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average cost of C$1.17 per share, for a total transaction of C$117,000.00. Following the purchase, the director owned 1,512,169 shares of the company’s stock, valued at C$1,769,237.73. The trade was a 7.08% increase in their ownership of the stock.

William Morris Sheriff also recently made the following trade(s):

• On Tuesday, September 15th, William Morris Sheriff purchased 50,000 shares of enCore Energy stock. The shares were purchased at an average cost of C$1.24 per share, with a total value of C$62,000.00.

enCore Energy Trading Up 1.6%

Shares of EU traded up C$0.02 during midday trading on Tuesday, reaching C$1.29. The stock had a trading volume of 436,332 shares, compared to its average volume of 487,306. The company’s 50-day moving average is C$1.68 and its 200 day moving average is C$2.15. enCore Energy Corp. has a 12-month low of C$1.08 and a 12-month high of C$5.88. The company has a market capitalization of C$250.62 million, a price-to-earnings ratio of -3.91 and a beta of 1.71.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised enCore Energy to a “strong-buy” rating in a research note on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in the Crownpoint and Hosta Butte uranium project that covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also has interests in the Marquez-Juan Tafoya property, which consists of 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project that covers 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.